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hrblock-030415.jpg H&R Block, Inc., the largest U.S. tax preparer, said Wednesday after the markets closed that its third quarter loss narrowed sharply from last year, as revenue surged due to an earlier opening of the Internal Revenue Service's e-file system this tax season. The company's quarterly loss per share also smaller than analysts estimated, but its quarterly revenue fell short of analysts' forecast.

LostCity-Honduras-030415.jpg A team of archaeologists from Colorado State University and the Honduran Institute of Anthropology and History have discovered ruins of an unexplored city believed to have been built by a vanished culture in Honduras. The site's artifacts date from A.D. 1000 to 1400, however, it is not yet clear about...

wallstreet-112814_04Mar15.jpg After coming under pressure in early trading on Wednesday, stocks regained some ground as the day progressed but remained stuck in the red. The losses on the day extended the pullback that was seen in the previous session.

Obama-capitol-071612_04Mar15.jpg Despite receiving support from some Democrats, Senate Republicans were unable to override President Barack Obama's veto of a bill authorizing construction of the Keystone XL oil pipeline on Wednesday.

flightcancel-030415.jpg Flight cancellations during the the 2014/2015 U.S. winter storm season has so far impacted 4.5 million passengers who have already incurred $2.2 billion in unplanned out-of-pocket costs for related expenses including: overnight hotel accommodations, meals, alternative travel arrangements, and lost productivity,...

crudeoil-121114_04Mar15.jpg U.S. crude oil ended higher on Wednesday, as investors mulled over Saudi Arabia's move to raise selling prices for its oil to consumers in the U.S., Europe and Asia for April, which may indicate an uptick in demand from a Saudi viewpoint. Oil prices surged even as the official weekly oil report from...

Bencarson-030415.jpg A day after announcing a presidential exploratory committee, renowned neurosurgeon Dr. Ben Carson has made headlines for declaring that prisons prove homosexuality is a choice.

sodastream-030415.jpg The company has been reporting weak sales in the U.S. for the past few quarters, reflecting softer demand in the U.S. as consumers continue to shift away from carbonated beverages due to concerns over artificial sweeteners and obesity. In keeping up with the changing consumer trend, SodaStream has begun the process of transforming its product lines and shifted its focus on health and wellness.

ceo-030415.jpg A new study reveals that more large companies in the U.S. are run by men with the names John, Robert, William or James than the total number of women CEOs. For each women CEO of S&P 1500 companies there are four men CEOs named John, Robert, William or James, according to a study conducted by the New...

fca-ferrari-030415.jpg Ahead of the Ferrari IPO this year, Fiat Chrysler Automobiles said it would sell more than the 10 percent stake it initially planned in the luxury car division's public debut as investor sentiment brightens and the need to stabilize stock prices gains importance.

supremecourt-030415.jpg President Barack Obama's signature domestic achievement was back on the docket at the U.S. Supreme Court on Wednesday, as the court heard oral arguments in a case that could potentially deal a fatal blow to the healthcare reform law known as Obamacare.

malaysiaair-030415.jpg Malaysia Airlines will trim its global seat capacity by 10% this year as the airline focuses on more profitable domestic and regional routes. The airline plans to expand its domestic routes, as well as those in the ASEAN region, by 6-8% per annum, and its Asia-Pacific capacity by 5% per annum. Routes...

ArionBank-030415.jpg In a thumbs up for the Iceland bond market, investors strongly oversubscribed to a bench-marked bond offering by Arion Bank, as the Nordic island country warms up to possible easy access to international credit. Arion Bank issued bonds for 300 million euros and received bids of more than 675 million euros from about 100 investors. The bonds are 3-year instruments with a fixed 3.125 percent coupon.

Pimco-030415.jpg Pacific Investment Management Co. LLC, better known as PIMCO, said investors pulled $8.6 billion from its Total Return Fund in February, the lowest amount of monthly outflow since departure of bond guru Bill Gross last year. The outflows for the month of February from Pimco's flagship fund dropped...

Actavis-030415.jpg Drugmaker Actavis plc (ACT) said Tuesday that it has priced an offering of $21 billion of senior unsecured notes, making it the second largest corporate bond offering in history. Actavis plans to use the net proceeds from the bond offering to partly finance its $66 billion acquisition of Botox maker...

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